Staying Afloat

There’s no doubt that small businesses are feeling the recession pinch. Fortunately, with these clever business moves, you can survive the economic downturn.
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Smart Move for the Season: Price-Setting Pointers

Smart Move for the Season: Price-Setting Pointers

As costs of materials fluctuate, the economy struggles and new competitors move in, pricing strategies become more critical than ever.

“You should always be thinking about pricing because there’s always something changing,” says Rupert Hart, author of Recession Storming: Thriving in Downturns through Superior Marketing, Pricing and Product Strategies (and a small-business owner himself).

With these pricing strategies, you can forge ahead with the confidence that you’re receiving the compensation you deserve. Read more…

Creative Cost-Cutting

Think you’ve done everything you can to reduce expenses? Think again. Small business owners share 13 strategies for cutting costs when times are tight.

Consumers are keeping a tight grip on their pocketbooks. And obtaining credit is tricky. What’s a small business to do to stay afloat? Get creative with cost-cutting measures. Here’s how real-life companies are cutting back to keep up. Read more…

Say Goodbye to Bookkeeping Errors

That shoebox full of receipts and I’ll-get-to-it-later attitude toward your business bookkeeping isn’t going to cut it anymore. Lax accounting costs you money and valuable time you could be spending running and growing your business.

Fortunately, avoiding common bookkeeping faux pas is easier than you think. Try these tricks to keep your business finances in order and make life easier. Read more…